Brokers give Barclays' Mortgage Boost thumbs up

Dariusz Karpowicz, Director at Albion Financial Advice, told Newspage: “Barclays’ new Mortgage Boost scheme arrives like a breath of fresh air in today’s challenging property market, offering first-time buyers a clever way to stretch their borrowing capacity without having to scrape together a larger deposit. “It’s particularly welcome timing, given the current squeeze on affordability. While a few lenders have dipped their toes into similar waters, having a major player like Barclays join the party adds significant credibility to this type of lending innovation.” And he added: “In a market where every pound of borrowing power counts, this could be the difference between young buyers securing their dream home or spending another year watching property prices from the sidelines.”